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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (10389)	12/20/2007 12:24:47 AM
From: Wildstar	Read Replies (1) \| Respond to of 24758

That's all true. But I think there's another dynamic underlying why people profess capitalist views but vote socialist policies. Legislation has focused benefits and dispersed costs. So it's profitable to support socialist legislation that benefits you while proudly proclaiming yourself a capitalist. It pays a union support laws against their management being able to hire other workers. Their political contributions will save their jobs from the competition - worth tens of thousands of dollars to each member. But it's not profitable for me and you to fight this legislation because we'll have to spend a lot of money to save a few cents on the products the company makes more cheaply by hiring the competition. It's a coordination problem. With two parties, cooperation could emerge - "Okay, you unions promise not to pass laws preventing your bosses from hiring other workers and we AARP members will promise not to pass laws giving us free pills". But with thousands of special interest groups, coordination/cooperation is impossible.